Cellcom Israel Ltd. announced consolidated earnings results for the second quarter and six months ended June 30, 2016. For the six months, the company reported revenues of ILS 2,051 million against ILS 2,102 million a year ago. Operating profit was ILS 205 million against ILS 135 million a year ago. Profit before taxes on income was ILS 137 million against ILS 55 million a year ago. Profit attributable to owners of the company was ILS 102 million or ILS 1.01 per diluted share against ILS 37 million or ILS 0.37 per diluted share a year ago. Net cash from operating activities was ILS 443 million against ILS 417 million a year ago. Acquisition of property, plant, and equipment was ILS 151 million against ILS 162 million a year ago. Acquisition of intangible assets was ILS 41 million against ILS 59 million a year ago. EBITDA was ILS 238 million against ILS 216 million a year ago. The decrease in revenues is attributed to a 0.5% decrease in service revenues, and a 2.8% decrease in equipment revenues. The increase in the operating income resulted mainly from a decrease in the employee voluntary retirement plan expense as compared to this expense in the second quarter of 2015, as well as an improvement in gross profitability and a decrease in operating expenses mainly as a result of efficiency measures implemented by the company. For the quarter, the company reported revenues of ILS 1,029 million against ILS 1,040 million a year ago. Operating profit was ILS 104 million against ILS 53 million a year ago. Profit before taxes on income was ILS 60 million against ILS 18 million a year ago. Profit attributable to owners of the company was ILS 44 million or ILS 0.43 per diluted share against ILS 12 million or ILS 0.12 per diluted share a year ago. Net cash from operating activities was ILS 204 million against ILS 248 million a year ago. Acquisition of property, plant, and equipment was ILS 83 million against ILS 86 million a year ago. Acquisition of intangible assets was ILS 19 million against ILS 39 million a year ago.